Hospitality major ITC Hotels on Friday reported around 23 per cent year-on-year increase in its consolidated net profit to ₹317.43 crore for the fourth quarter last fiscal, backed by around 18 per cent jump in revenue during the period.
The company’s net profit stood at ₹257.85 crore for the fourth quarter of FY25. Its gross revenue for the fourth quarter of FY26 rose to ₹1243.88 crore from ₹1052.24 crore in the corresponding period previous fiscal, according to a stock exchange filing by the company.
During the period under review, EBITDA stood at ₹466 crore, up 13 per cent year-on-year.
For the financial year 2025-26, the company’s consolidated revenue from operations rose 16 per cent y-o-y at ₹4,139 crore, while net profit witnessed around 39 per cent y-o-y growth at ₹888 crore.
Robust performance
“The company delivered a robust performance during the financial year amidst a volatile operating environment. External factors created temporary fluctuations in demand, which briefly affected occupancy levels; however, ADRs (average daily rates) witnessed a year-on-year growth, supported by smart revenue management and value-based offers,” ITC Hotels said in a statement.
The company said growth in the food & beverages segment was driven by sustained momentum in banqueting and event catering along with innovative culinary offerings across the hotels. “The company proactively navigated operating challenges arising from the West Asia conflict, without compromising the guest experience. The company continued to undertake strategic cost management initiatives which helped protect margins,” it added.
ITC Hotels signed definitive agreements for acquisition of a luxury resort, Zuri Hotels and Resorts, for an enterprise value of ₹205 crore, on a debt-free and cash-free basis. The 100 percent acquisition of the Kumarakom-based Zuri Hotels & Resorts is expected to be consummated over the next few days, enabling ITC Hotels to strengthen its luxury portfolio in a strategic, high-growth leisure destination, through an established luxury property.
The 72 key resort, includes 38 villas and cottages, which are designed around a sprawling five-acre man-made lagoon that mirrors the tranquillity of Kerala’s backwaters.
Speaking on the occasion, Anil Chadha, Managing Director of ITC Hotels Ltd , said, “The acquisition of this exclusive property in Kumarakom marks a strategic cornerstone in our journey to expand ITC Hotels’ footprint into one of India’s most sought-after leisure destinations. Kerala’s rich cultural heritage and breathtaking landscapes have always resonated with tourists, and we are thrilled to bring our luxury offerings to this serene backwater sanctuary.”
The company’s board recommended a dividend of ₹1 per share for the financial year ended 31st March, 2026.